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6. 1. D. - Page 148 CITY OF REDWOOD CITY, CALIFORNIA
<br />INTERNAL SERVICE FUNDS
<br />COMBINING STATEMENT OF
<br />CASH FLOWS
<br />INCREASE (DECREASE)
<br />IN CASH AND
<br />CASH EQUIVALENTS
<br />FOR THE FISCAL
<br />YEAR ENDED JUNE 30, 2016
<br />Equipment
<br />Self
<br />Internal
<br />Employee
<br />Services
<br />Insurance
<br />Services
<br />Benefits
<br />Fund
<br />Fund
<br />Fund
<br />Fund
<br />Total
<br />Cash flows from operating activities:
<br />Cash received from interfund services provided
<br />4,619,823
<br />6,662,947
<br />9,568,417
<br />6,518,527
<br />27,369,714
<br />Cash payments to suppliers for goods and services
<br />(1,333,369)
<br />(7,587,136)
<br />(1,759,306)
<br />(3,949,168)
<br />(14,628,979)
<br />Cash payments to employees for services
<br />(956,963)
<br />(457,334)
<br />(8,526,280)
<br />(2,889,292)
<br />(12,829,869)
<br />Net cash provided by (used in) operating activities
<br />2,329,491
<br />(1,381,523)
<br />(717,169)
<br />(319,933)
<br />(89,134)
<br />Cash flows from noncapital financing activities
<br />Insurance recovery
<br />7,479
<br />7,479
<br />Transfers in
<br />4,000,000
<br />4,000,000
<br />Transfers out
<br />(11,470)
<br />(11,470)
<br />Advances to other funds
<br />300,000
<br />300,000
<br />Contributions
<br />Net cash provided by (used in) non -capital financing activities
<br />307,479
<br />4,000,000
<br />(11,470)
<br />4,296,009
<br />Cash flows from capital and related financing activities:
<br />Acquisition and construction of capital assets
<br />(1,078,651)
<br />12,407
<br />(1,066,244)
<br />Contributions
<br />60,970
<br />60,970
<br />Proceeds from sale of capital assets
<br />18,837
<br />(73,379)
<br />(54,542)
<br />Net cash used in capital and related financing activities
<br />(1,059,814)
<br />(2)
<br />(1,059,816)
<br />Cash flows from investing activities:
<br />Interest on investments
<br />155,436
<br />206,152
<br />14,536
<br />23,276
<br />399,400
<br />Net cash provided by investing activities
<br />155,436
<br />206,152
<br />14,536
<br />23,276
<br />399,400
<br />Net increase (decrease)in cash and cash equivalents
<br />1,732,592
<br />2,824,629
<br />(714,105)
<br />(296,657)
<br />3,546,459
<br />Cash and cash equivalents at beginning of year
<br />10,306,628
<br />19,832,684
<br />1,574,960
<br />1,093,848
<br />32,808,120
<br />Cash and cash equivalents at end of year
<br />12,039,220
<br />22,657,313
<br />860,855
<br />797,191
<br />36,354,579
<br />Reconciliation
<br />of Net Cash Flow from Operating
<br />Activities
<br />Operating income (loss)
<br />1,275,438
<br />(3,841,410)
<br />(130,774)
<br />(319,933)
<br />(3,016,679)
<br />Adjustments to reconcile operating income(loss) to
<br />net cash provided by operating activities:
<br />Depreciation
<br />1,110,998
<br />139,776
<br />1,250,774
<br />Change in assets and liabilities:
<br />Decrease (increase)in accounts receivable
<br />(1,620)
<br />282,574
<br />280,954
<br />Decrease (increase) in due from other governmental agencies
<br />48,054
<br />(23,323)
<br />24,731
<br />Decrease (increase) in inventory/prepaid expense/deposits
<br />(6,259)
<br />145,000
<br />(39,238)
<br />99,503
<br />Increase(decrease)in vacation & sick leave payable
<br />13,116
<br />(43,337)
<br />(30,221)
<br />Increase(decrease)in accounts payable
<br />(58,999)
<br />(157,496)
<br />(175,456)
<br />(391,951)
<br />Increase(decrease)in unearned revenue
<br />Increase (decrease)in net OPEB obligation
<br />Increase (decrease)in deferred employer contributions
<br />(140,287)
<br />(65,449)
<br />(1,287,750)
<br />(1,493,486)
<br />Increase (decrease) in deferred inflows - pension
<br />(1,986)
<br />(899)
<br />(17,356)
<br />(20,241)
<br />Increase (decrease) in net pension liability
<br />91,036
<br />42,873
<br />860,289
<br />994,198
<br />Increase (decrease) in insurance claims payable
<br />2,213,284
<br />2,213,284
<br />Total adjustments
<br />1,054,053
<br />2,459,887
<br />(586,395)
<br />2,927,545
<br />Net cash provided by (used in) operating activities
<br />2,329,491
<br />(1,381,523)
<br />(717,169)
<br />(319,933)
<br />(89,134)
<br />Noncash investing, capital and financing activities:
<br />Gain (loss) on disposal of equipment
<br />18,837
<br />(73,379)
<br />(54,542)
<br />121
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